Cape Coral-Fort Myers, FL

Tracey Velt's Market Report

Cape Coral-Fort Myers, FL

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Tue Jan 14 2025
This week the median list price for Cape Coral-Fort Myers, FL is $495,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 7,879. Click here to stay informed with the Cape Coral-Fort Myers market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Median List Price		$495,000
Median Price of New Listings		$515,000
Per Square Foot		$268
Average Days on Market		136
Median Days on Market		84
Price Decreased		38%
Price Increased		2%
Relisted		8%
Inventory		7,879
Median Rent
Market Action		27
Slight Buyer's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,200,000	2,540	0.25 - 0.5 acre	3	3	21	153	112	77
$599,000	2,002	0.25 - 0.5 acre	3	2	20	125	156	84
$420,000	1,785	0.25 - 0.5 acre	3	2	10	124	127	91
$329,900	1,469	0.25 - 0.5 acre	3	2	19	128	172	84

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,200,000	2,540	0.25 - 0.5 acre	3	3	21	153	112	77
$599,000	2,002	0.25 - 0.5 acre	3	2	20	125	156	84
$420,000	1,785	0.25 - 0.5 acre	3	2	10	124	127	91
$329,900	1,469	0.25 - 0.5 acre	3	2	19	128	172	84

Median Price	Top $1,200,000	Upper $599,000	Lower $420,000	Bottom $329,900
Sq. Ft.	2,540	2,002	1,785	1,469
Lot Size	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	3	3	3	3
Baths	3	2	2	2
Age	21	20	10	19
New	153	125	124	128
Absorbed	112	156	127	172
DOM	77	84	91	84

Tracey Velt's Market Report